Spyre Newsletter November 2024

Welcome to the Latest Edition of Spyre’s monthly update, where we share our Market Insights, Construction Updates and Project Releases for the month.

 

November has seen continued dynamic growth for Brisbane’s multi-residential property market with a number of notable sales in the high end apartment sector throughout the month. Brisbane’s blue chip suburbs continue to attract affluent buyers with increased enquiry experienced over the last 4 weeks. This is largely due to a continued lack of supply, with buyers active in the high end market eager to secure the limited opportunities that remain. 

 

It's forecasted that this strong demand for high end properties will continue into 2025. With home values having already increased by 16.3% from 2023, analysts have estimated a further 5-7% in the next 6 months alone. This has largely been driven by a flourishing infrastructure and continued population increases. The river city also continues to attract interstate migrators due to a combination of affordability, job growth and lifestyle appeal.

 

With a very limited number of on market opportunities remaining in our Brisbane offerings, register your interest HERE today.

 

At Spyre, we pride ourselves on creating spaces of enduring quality. Strong relationships with invested project partners result in far more than a development, it creates a sense of shared ownership. We see each and every project as an opportunity for our collaborators to create something extraordinary.

 

The Spyre Experience shines a spotlight on our various project partners, giving credit to the collaborators who work tirelessly in taking Spyre’s projects to the next level.

 

 

Earlier this month our Design Director, Kent Pinel sat down with Colin Wright, Founder of Spiggy to discuss the incredible custom Philip Watts door handles that will be featured in Glasshouse, Burleigh Heads.

 

The custom made "Loop" handle by Philip Watts Design is a unique sculptural handle with an irregular shape and diameter that encourages touch. Cast in solid metal, Loop is hand made in Nottingham in the UK from the purest forms of brass, bronze and aluminium. 

 

Working with suppliers and artisans who share our passion for pushing design boundaries to achieve one of a kind outcomes forms part of the foundation in what elevates Glasshouse to it's own benchmark of residential development.

A huge thank you to Colin, Spiggy & Philip Watts Design for indulging us and producing a completely unique entrance experience for Glasshouse Burleigh Heads. We cannot wait to see these handles (that double as works of art) installed onsite at Glasshouse. Watch the interview below!

 

 

 

 

GLASSHOUSE

 

This month the stunning Agape bath arrived for the Penthouse, adding a touch of elegance to this luxurious space. At the Beach House, the incredible marble bath is being preloaded ahead of the removal of the loading bays.

 

In the Penthouse basement, Groupline has completed the ceiling framing, and sheeting is well underway, with all bay lighting meticulously framed. Glazing work for the wine room and gym has also commenced.

 

 

 

HAMPTON LTD

 

AbeWolf commenced site establishment works this month, including soil testing, setting out and site cutting.  Excitingly the piling rig has arrived on site with works to begin later this week.

 

We also had the opening of the new sales display this month, which is open now by Private Appointment. 

 

 

 

MORAY HOUSE

 

November was a huge month onsite at Moray House, with the completion of the Level 1 slab pour, where nearly 300 cubic meters of concrete was poured!

 

In addition all vertical columns up to Level 2 have been poured, including the car and passenger lift walls.

 

Formwork for the Level 2 slab has commenced, with the steel and services installation underway, with the Level 2 slab pour anticipated for mid December.

 

Offsite, Contrast Constructions are completing the final orders for tiles, tap ware, timber flooring and the feature operable screens.

 

 

 

ARC RESIDENCES

 

Arc Residences reached a major milestone in November with excavation, as we reached the bottom of the hole, completing the bulk excavation. 

 

All foundation and retention piles were completed, with over 38 tonnes of steel installed on the project so far.

 

Offsite, Graya are well advanced in procurement activities, with the appliances and tap ware for the project placed on order this month.